21 May '14, 1pm

Bitcoin Price will Surge with Mega Inflation on the Horizon: I keep reading multiple reports that the Federal

Quote from: tuneman1980 on Today at 01:05:03 PM I keep reading multiple reports that the Federal Reserve has painted itself into a corner and will have no other option than to "force rates up faster and further than most now believe possible." I think as this happens, many will flee to gold and bitcoin, causing the price of both to surge. Thoughts? As the US dollar inflates, the price per bitcoin naturally goes up. When speculators start seeing the price go up, they will panic buy more bitcoins. This will cause another bubble in the bitcoin price. So I expect the price of bitcoins to go up much more than what would be expected simply from correlating with inflation. I also expect people will switch to the bitcoin as a worldwide standard for finance instead of the US dollar, since the US dollar is losing its stability as major world powers dump it. This will provide a stron...

Full article: https://bitcointalk.org/index.php?topic=619151.0

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